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they do this for the different types of products they sell. usually they have an insurance side and an ivestment side. they do this for liability reasons as each name is a separate entity under a larger umbrella. if one crumbles tho other ones stay intact and creditors cant come after the solvent ones that are left.

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Q: Why do insurance companies have multiple names?
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Can you have multiple life insurance policies with multiple insurance companies?

Yes, you can own multiple life insurance policies with multiple insurance companies. The application for coverage usually asks if you own other life insurance policies and how much coverage you own. The insurance company wants to make sure you aren't over-insured for any reason. But, if they say it's ok, you can buy life insurance with several insurance companies. Just make sure to answer the questions on the application truthfully. I hope that helps. Best of luck to you.


What companies provide buildings insurance for landlords?

Companies that provide building insurance to landlords include Bankrate, Farmers Insurance, Allstate and Landlords' Insurance. Information about building insurance is available on each of these companies' websites.


What are the names of some companies that offer property and casualty insurance?

State farm offers property insurance. Mutual of Omaha is good at personal injury insurance. Look around for a company that will provide all of the services that you are going to be paying for.


What are some companies that sell contents insurance?

Many companies that offer auto insurance also offer contents insurance. If one is currently insured with a company that only offers auto and not contents insurance, it is worth looking into switching because one will often be offered discounts for having multiple policies with one company. Contents insurance is a great investment even for renters, as any damage to the unit or one's personal belongings will be covered by this insurance.


Which companies offer insurance for a church?

Some companies that offer insurance for a church include CPG Insurance Company and Amis Insurance. Another insurance company you may be interested in is Brotherhood Mutual.

Related questions

Can you have multiple car insurance policies with multiple insurance companies?

No. It is considered fraudulent.


Can Chicago Home Insurance provide my homes and properties insurance at multiple locations.?

Most insurance companies would be able to provide this kind of insurance on multiple properties in multiple locations. Insurance companies do not need to be local to the property that they are insuring.


What are the names of insurance companies that start with an A?

There are hundred if not thousands of insurance companies starting with the letter A.


Which companies can provide multiple house insurance quotes?

Companies that provide multiple house insurance quotes include, but are not limited to, State Farm, Progressive, AllState, AAA, or Farmers Insurance Company.


What is a general insurance agency?

Some times this is referred to as either an agency that sells for multiple companies or multiple lines of insurance.


Where can one get insurance quotes from multiple companies?

Many comparison website will provide you with quotes from multiple insurance companies. Some insurance companies, Geico for example, will provide you will competitors' quotes. However, you may want to rely on a more independent group than an insurance company.


Can you get insurance on your car if your license is suspended?

There are some companies that will offer insurance if your license is suspended, your best bet is a local insurance company that represents multiple insurance companies.


Can two people hold two life insurance poicies on the same person with different companies?

YES, you can have multiple insurance policies, from different companies or even from the same company. Each company has it's own rules of how much life insurance someone can get. You can get quotes from multiple companies and have life insurance policies issued simultaneously from different companies. You should work with an insurance agent that has access to multiple insurance companies and can advise you what requirements each company has, and the limits they are willing to issue for life insurance.


What companies sell private dental insurance in the state of New York?

There are multiple insurance companies selling dental insurance in the state of New York. Two of these companies are Delta and Medlife.


What are the names of some car insurance companies in Boca Raton Florida?

The following are the names of some car insurance companies in Boca Raton, Florida; The Sena Group, Stirling Insurance Services, Brightway Insurance, Premier Insurance Agency, and Futurity Insurance.


Where can one obtain insurance for multiple vehicles?

Most insurance companies will issue policies for people who own multiple vehicles. Contact a broker or agent who can provide quotes for different companies.


What are the names of insurance companies that start with a T?

Tricare,